India contributes almost 80% of Sequoia backed co’s revenues and over 70% of daily active users. Regulatory and legal crackdowns have forced the company to skirt “regulations and/or avoiding taxes through uncreative loopholes” Viceroy said in the report published Wednesday.
Tech View: Nifty forms small green candle. What traders should do next week
A sustainable move above 19770 levels could bring bulls back into action. A slide below 19500 is expected to resume sharp selling momentum, said Nagaraj